Video Streaming

Netflix accused of misleading investors prior to subscriber loss

Netflix investors have filed a class-action lawsuit accusing the streaming behemoth of making false or misleading statements about its business, operations and prospects after it reported a loss of 200,000 subscribers in the first quarter of 2022.

Disney+ to offer ad-supported subscription tier

Disney+ will offer a cheaper, ad-supported streaming subscription tier that will roll out in the United States in late 2022 and internationally in 2023 as the entertainment behemoth looks to boost its subscriber growth.